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Red Bank, NB

Full City Profile · New Brunswick

2.7 /5.0
C+ Fair
400 Population 65/sq mi density
$44,400 Median Income $34,400 per capita
$148,932 Home Value
$666 Median Rent 30.1% income on rent
40°F Avg Temperature 257 sunny days/yr
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.1 / 5.0
$44,400 median income, 7.3% unemployment
A+
Affordability
4.8 / 5.0
$148,932 home value, $666/mo rent
C+
Safety
2.5 / 5.0
F
Education
1.4 / 5.0
4.8% bachelor's degree or higher

Housing Overview

Median Home Value
$148,932
47% below
US avg: $281,900
Median Rent
$666/mo
43% below
US avg: $1,163/mo
Homeownership Rate
10.5%
84% below US avg (65.4%)
Total Housing Units
190

Ownership vs. Renting

10.5%
Owner-Occupied
5.3%
Renter-Occupied
11%
5%
US avg: 65.4% owner-occupied

Affordability & Housing Stock

Rent Burden
30.1%
of renters spending 30%+ of income on housing
3% below US avg (31.0%)
Homeownership Rate
10.5%

Complete Housing Data

Home Values

Census Median Value$148,932

Rent

Census Median Rent$666

Market

Ownership & Stock

Owner-Occupied10.5%
Renter-Occupied5.3%
Homeownership Rate10.5%
Total Housing Units190
Rent Burden30.1%